NEW YORK, NY – (January 28, 2015): Scott Mathis, Chairman & Founder of Algodon Wines & Luxury Development Group (“Algodon Group”), is pleased to announce that TripAdvisor’s 2015 Travelers’ Choice® awards has selected Algodon Mansion, a luxury boutique hotel located in the Recoleta neighborhood of Buenos Aires, as one of the TOP 25 winners in the category of Best Luxury Hotel in Argentina. TripAdvisor is the world's largest travel website, with more than 200 million reviews and opinions by travelers around the world. Now in its 13th year, TripAdvisor Travelers’ Choice awards honor the world’s best hotels, earning their distinction from those who know them best – real travelers. This year's Travelers’ Choice Awards is based on reviews and opinions collected in 2014 from among more than 890,000 reviewed hotels, B&Bs and specialty lodgings on TripAdvisor sites worldwide.

“We are very excited to have once again received this honored distinction from TripAdvisor,” says Mathis. “We thank all of our guests that have recommended our hotel, and who took the time to share their positive experiences at Algodon Mansion. Of course, we must also acknowledge our exceptional service team, without whom this distinction would not have been possible.”

For the complete 2015 Travelers’ Choice list, go to http://www.tripadvisor.com/TravelersChoice-Hotels-cLuxury-g294266

Algodon properties are owned and operated by Algodon Group, founded by Chairman & CEO Scott Mathis and partners. Based in NYC with offices in Buenos Aires and Mendoza, Algodon provides an unequivocal strategic advantage in Argentine real estate acquisition and development.

About Algodon MansionAlgodon Mansion is a proud member of Relais & Châteaux, whose fellowship represents the best of the world’s finest hoteliers, setting the standard for excellence in hospitality. Algodon Mansion is the first Relais & Châteaux hotel in Buenos Aires to be awarded this distinction. Algodon Mansion has been named annually among the TOP 25 winners of TripAdvisor’s Travelers' Choice® Awards since 2012. Click here read about Algodon Mansion in the press: http://www.algodongroup.com/news/media/index

Important Notes:The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. This press release may contain certain statements of a forward-looking nature relating to future events or future business performance. Any such statements that refer to Algodon Wines & Luxury Development Group (Algodon Group) and its respective subsidiaries ("the Company") estimated or anticipated future results or other non-historical facts are forward-looking and reflect the Company's current perspective of existing trends and information. These statements involve risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements speak only as of the date set forth above. The Company undertakes no obligation to update publicly any forward-looking statement, whether because of new information, future events or otherwise.